The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against…
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Q4 GDP Tracking: 1.8% to 2.7% Range
From BofA: Since our last weekly publication, our 4Q GDP tracking estimate has moved down three tenths to 1.8% q/q…
Continue ReadingS&P 500 Earnings 2024 Q3: Still Overvalued
S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis. The following chart shows the normal…
Continue ReadingDecember Employment Report: 256 thousand Jobs, 4.1% Unemployment Rate
From the BLS: Employment Situation Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little…
Continue ReadingThe Compound and Friends: Dark Matter
Today’s Compound and Friends is brought to you by VanEck See here for more information on VanEcks Uranium and Nuclear…
Continue ReadingBoston Scientific’s Record Surge: Here’s How I Found It
The market sometimes struggles to find direction, as it digests mixed yet impactful economic data. Wednesday was one of those…
Continue ReadingStocks Are More Expensive Than They Used to Be
I used to write a lot about the CAPE ratio. It was a big topic of debate for a few…
Continue ReadingWhat Higher Rates Could Mean for the S&P 500
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to…
Continue ReadingThursday: National Day of Mourning for former President Jimmy Carter, Unemployment Claims
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • The US NYSE and the NASDAQ will…
Continue ReadingLeading Index for Commercial Real Estate Increased 10% in December
From Dodge Data Analytics: Dodge Momentum Index Grows 10% in December The Dodge Momentum Index (DMI), issued by Dodge Construction…
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